between Axiata and Telenor is officially off. Both parties have agreed to end discussions regarding a non-cash combination of their telecom and infrastructure assets in Asia.
Axiata states that the termination of the proposed transaction will not affect the Group in its ability to achieve its Digital Champion aspirations by 2022. The group is confident that Axiata has the capacity to leverage opportunities across the Consumer, Home, Enterprise/IoT, Digital and Tower Co businesses as the industry moves towards convergence.
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Axiata and Telenor call off merger deal | Malay MailKUALA LUMPUR, Sept 6 — Axiata Group Bhd and Telenor ASA have mutually agreed to end the discussions on the proposed merger of their telecom and infrastructure assets in Asia. In a statement today, Axiata said in the last four months, both parties have been performing their due diligence and...
Source: malaymail - 🏆 1. / 86 Read more »
Axiata and Telenor call off merger deal | Malay MailKUALA LUMPUR, Sept 6 — Axiata Group Bhd and Telenor ASA have mutually agreed to end the discussions on the proposed merger of their telecom and infrastructure assets in Asia. In a statement today, Axiata said in the last four months, both parties have been performing their due diligence and...
Source: malaymail - 🏆 1. / 86 Read more »